Tag Archives: business

Did You Get Your Money?

8 Mar

Image result for tax reform

There is a commercial being run on television here in the New York metropolitan area featuring a young mother explaining to the camera that now that she has received her 2,000 dollar increase in her pay check and a $1,000 bonus from the company she works for… as direct results of the recent Republican tax reform, life in America is so much easier because she and her family can now afford to buy so many more of the things that they need.

Has this happened to you? Are you earning 3,000 dollars more than you were 3 months ago? The commercial says that this is the average increase in middle class workers pay throughout the country.

I have received about 32 dollars more in my monthly pay or around 380 dollars over the course of this coming year…and of course since I have not filled out my 2018 tax return, because that will not be due until another year from now, I have no way of knowing whether I will receive more in tax savings or will have to pay it all back (and more?) because of the deductions I am going to lose because of the new tax plan.

So are we all getting richer or am I the only unlucky tax payer in America?

I would love to hear about your good fortunes! Thanks!

Spending Spree!?

7 Feb

Image result for Treasury Secretary Steven Mnuchin and his wife posing with money

House Majority Leader, Paul Ryan, tweeted recently that “a secretary at a public high school in Lancaster, PA, said she was pleasantly surprised her pay went up $1.50 a week …  she said [that] will more than cover her Costco membership for the year.”

That’s 78 bucks per year and Treasury Secretary Steven Mnuchin, pictured above with his lovely wife and their lovely trophy (or is that trophy wife and their lovely money?) said that 90 percent of American workers will see some kind of an increase in their take-home pay.

My increase was $7.38 per week for a total tax break of 384 big ones! But of course I have not filed my taxes for 2018 yet because it’s not 2019 yet so I still have to wait a whole year to see how much of the 384 dollar yearly raise I will actually be able to keep. All of it? Some of it? Will I have to give it back plus some because of the other changes to my tax deductions? After all I live in… New Jersey!!!!

Anyway, if you read this blog I would be interested to know what your tax break looks like…

If you would like to share, please leave the size of your weekly pay increase (or bi-weekly or monthly if you choose) in the comments column. I’d be interested to see a cross section of readers and their “raises”. Thanks!

It’s Good To Be the King!

24 Dec

Image result for President Trump signing tax bill

Remember when President Trump talked about his tax-reform plan, which he said would benefit the middle class at the expense of wealthy Americans like himself? And when he said: “They can call me all they want. It’s not going to help,” (he said of his rich friends). “And it’s not good for me, believe me.” (Did you believe him?)

Well President Trump is spending the Christmas holiday with his family in Florida this year (each trip there costs “we the people” 21 million tax dollars) and according to CBS News (all fake because they work for the Democrats and Hillary who actually rules the world) he told friends at his Mar-a-Lago resort in Palm Beach, just hours after he got there that: “You all just got a lot richer.”

Proponents of the bill celebrate it as relief for the middle class that also provides a tax cut based spending stimulus for large corporations… to the tune of 1.4 trillion dollars, which for all intents and purposes will be going to key donors and lobbyists, the richest members of Congress, President Trump, his family and other families like his. (but of course we don’t know for sure how much President Trump will get because our president won’t show us his taxes)

But we can all rejoice in the fact that our share should result in somewhere between 1,000 and 2,000 dollars next year of tax relief, depending on the size of our paycheck today of course. That should amount to anywhere between 19 and 38 dollars a paycheck (or 38 and 76 dollars if you are paid bi-monthly) That’s 30 gallons of gas each month! (nothing to sneeze at, right?)

At that rate your tax breaks could save you enough money to take you by car from Maine to Mar-a-Lago in 2.12 months (of saving your tax breaks)…but if you wanted to go there in style like the POTUS does (at least bi-monthly, and for 21 mill a vacay) then you’ll have to save your tax breaks for 127,000 months or about 10,500 years! (That’s if your getting the BIG middle class tax break)

In conclusion?: It’s good to be the King isn’t it? (and I suspect it always has been)

What Do We Know?

3 Nov

Image result for survey of new tax plan

Tax cuts are coming! Huzzah! But so far no one knows how much or when and recent surveys of taxpayers have shown that most American tax payers have no idea how much money they actually pay in federal taxes each year nor what percentage of their earnings their taxes equal. Do you? Does President Trump? We suspect he does but he is not telling us anyway.

However the President’s advisers have been arguing that he does not need to reduce federal spending while he cuts taxes in order to make ends meet. Just like you wouldn’t have to cut your home expenses if you lost your job or were forced to take a pay cut because, you know reduced income will stimulate your home economy just like reduced tax revenue will stimulate the US economy.

But according to a new survey conducted at the University of Chicago, Eighty-four percent of all economic experts polled disagreed that Trump’s tax cuts would pay for themselves through increased economic growth. Mostly because it’s never worked before…ever.

Still that is the plan, although it has yet to be finalized by the president and Congress… and most Americans polled believe that they will get screwed and end up paying more in taxes unless they are rich and/or a corporation. I wonder why that is? Could it be that when Asked whether tax cuts since 1980 have ever paid for themselves, no economists argued that they had?

So will it work this time? We will just have to wait and see. The average American’s wages and income have not increased in real dollars (as in kept up with inflation) in over 40 years but maybe, just maybe, this will be the year. They say that the president himself will be looking at a 31 million dollar tax savings just for himself but then again no one really knows how much if any taxes the President now pays (but that’s only because he won’t tell us).

But we do know that the average corporation in the new tax plan will receive a massive cut in their tax rate from 35% to 20%! Will you and I see a 15% reduction in our tax rate? Probably not, but don’t despair because after all, here in America, corporations are people too! and they also have to make ends meet… just like you… Huzzah!






Nice Work If You Can Get It

23 Oct


Here is a fun fact…President Trump has already golfed on average 1 out of every 4 of his days in office as The President of the United states. So if he continues on this pace, then after his 4 year term as President, he will have spent 1 full year on the golf course and only 3 years in his office.

And the best part is that he only golfs at Trump golf courses where his Secret Service Agents must rent golf carts in order to follow the president and protect him as he makes his way through fairways, sand traps and other golf hazards. ( I seriously don’t know why they can’t just follow him around on foot? How fast can a 70+ year old play?)

But I digress, because at the current rate of golf cart rentals the Secret Service is spending over $100,000 per year just on that…and all of that money goes into President Trump’s golfing businesses. So that’s over $400,000 for golf cart rentals alone over a 4 year presidency which means that President Trump will not only spend 1/4 of his time in office golfing, but he will also be paid for it in an amount equal to 1 year of his presidential salary.

And if we calculate all of the money spent by the Secret Service renting rooms at his properties etc. etc. etc…and add it to President trump’s income, well, all I can say is…  Nice work if you can get it, huh? And get paid while doing it too!? And while not even working?! And after trashing our former POTUS for golfing too… at 1/8 the frequency!

Wow! America, meet our plutocratic, pietistical, Polytetrafluoroethylene POTUS! Making America (and himself) Great Again…one swing at a time.

Hey Republicans…At least he’s not Obama, right? (wink, wink)


We’re All Rich!

22 Oct


I’m Rich and you must be too! It turns out that I own an original Renoir painting valued at…a fortune! President Trump says that he has this painting (pictured above) hanging in his home and that it is an original Renoir.

His biographer told him that he was being silly because the “real” original is hanging in the Art Institute of Chicago, or so they have said, since 1933…but I have the same painting hanging in my home too! So who has the really, real Renoir???

Maybe the artist painted several originals that have somehow fallen into all of our hands? Could be? Who’s to say? Do you trust Donald Trump’s biographer who has since been denounced by President trump himself? And Chicago is just a violent, sanctuary city full of fake news, violent drug offenders and killers. Who believes anyone from there?

So it appears as though all… or many… or at least some, of our home wall paintings might be originals! Yours too! We’re all rich! MAGA! Yahoo! Yippee! Eureka!…And this comes straight from the President of the United States, the leader of the free world! Talk about an endorsement!

I don’t know about you, but I’m going to keep my painting right where it is and remain secure in the knowledge that I am wealthy from now on. I’m not going to try to sell it to some fake news and knowledge rip-off artist who’s going to try and rip me off with some made up story about how it’s a copy or something. No way!

I’m loaded now and I’m going to stay that way and brag about it to all of my jealous guests whenever they come to visit me and my Renoir. Besides… if I sell it I’d probably have to pay taxes to some greedy government swamp dwelling hacks. No Thank you!

No sirree! I’m rich I tell you! Rich! MAGA! And thank you Mr. President! Finally somebody is getting something done around here! MAGA! Now, I’m off to catalogue my collection! (You should too!) MAGA!

It’s Just Business America, Just Business…

9 Oct

Image result for columbus day sale

Today, President Trump’s campaign announced an “exclusive Columbus Day sale,” offering 25% off Trump-branded merchandise.

The Email sent to Trump campaign subscribers wrote: “As leftists push harder and harder to erase our nation’s past, there’s never been a better time to celebrate our history. America’s past is being vilified and stripped away by liberals in the media and our schools — but we won’t stand for it.” …

So there is nothing like enjoying a discount to make you feel better is there?!… Just use code 1492. (for all of you history buffs out there) I kid you not…this is too true to make up.

This of course is not the first time that a President has made a speech on Columbus Day to honor the old explorer, but it is the first time that a POTUS has done his best to profit from it by selling his own merchandise (at discount prices no less!) as though he were representing Macy’s or K-Mart rather than the United States of America…and while bashing at least half of all Americans in the process!

Nothing is worse for America than liberals the media and schools! So let’s all work to make America Great Again by shopping on-line for hats and other crap with our President’s name on it!

Because everyone knows that good old Chris Columbus was not looking for a new world (with Liberals, Leftists, Natives, Immigrants, Newsmen, Scholars, Protesters, Africans, Latinos and Jews in it!!!) He was looking for a way to get to the other side of the OLD world…

…So he could go shopping, of course! MAGA!


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